Doubleline Capital's Gundlach Says Fed Rhetoric Will Change Dramatically From Now To Year-End
Portfolio Pulse from Benzinga Newsdesk
Doubleline Capital's Jeffrey Gundlach predicts a significant shift in the Federal Reserve's rhetoric from now until the end of the year, as stated in a CNBC interview.
June 12, 2024 | 7:43 pm
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NEUTRAL IMPACT
Jeffrey Gundlach's prediction of a dramatic change in the Federal Reserve's rhetoric could impact the SPDR S&P 500 ETF (SPY) as market sentiment and expectations adjust.
A change in the Federal Reserve's rhetoric can influence market sentiment and expectations, which in turn can affect the performance of broad market ETFs like SPY. However, the exact direction of the impact is uncertain, leading to a neutral short-term score.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50